Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion
Kien Giang Customs inspect smuggled cigarettes. Photo: Dang Nguyen. |
According to Resolution No. 126 on law-making just issued by the Government, the Government agrees on the necessity of developing a draft Law on Special Consumption Tax (amended).
According to the Government, the draft Law dossier fully reflects the views and policies of the Party and State on policies on special consumption tax to suit the conditions and development trends in the country and the world as well as international practices and commitments to which Vietnam is a member. Accordingly, the Government agrees with the proposed amendments and supplements to the draft Law.
Accordingly, the increase in taxes on a number of items such as alcohol, tobacco, etc should accompany an effective mechanism to prevent and combat smuggling and tax evasion, and have tools to prevent violations of related laws.
Regulations on adjusting tax rates on a number of specific goods and services such as electronic gyms; civil air conditioners, means of transport with operating mechanisms or using environmentally friendly fuels; pickup trucks serving production and business should be explained more sufficiently to ensure consistency and feasibility. At the same time, the tax increase roadmap needs to be calculated reasonably, ensuring the operation of enterprises, avoiding disruption of socio-economic activities.
In this resolution, the Government also requires reviewing, summarizing and researching so that the Law can assign the Government to regulate a number of goods subject to special consumption tax in accordance with rapid fluctuations of the market or social needs, meeting the requirements of flexible state management, covering all taxable goods.
For some revised contents such as determining taxable prices, tax refunds, tax deductions, etc., it is necessary to carefully evaluate to reduce and simplify administrative procedures and have regulations on digital transformation to ensure transparency, efficiency and consistency in state management activities.
The Government also requests the Ministry of Finance to continue to proactively evaluate, review and collect opinions from relevant agencies, organizations, localities, associations, experts, businesses and people to ensure the development of regulations that are suitable for practice. At the same time, focusing on policy communication to create consensus on the contents expected to be revised and supplemented.
Related News
Tax sector focuses on simplifying tax administrative procedures
09:22 | 06/10/2024 Finance
Customs warns people trick of impersonating customs officer to sell liquidated products
10:20 | 03/10/2024 Customs
Nghe An Customs encourages enterprises to improve law compliance level
15:12 | 02/10/2024 Customs
Maintain smooth operations of Customs, Tax and Treasury to support businesses and people affected by storm No. 3
08:19 | 01/10/2024 Finance
Latest News
Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period
14:20 | 09/10/2024 Regulations
Must strictly manage duty-free goods
10:16 | 08/10/2024 Regulations
Amend the law to protect the rights of accountants
09:11 | 30/09/2024 Regulations
Simplification is not enough, enterprises need stronger administrative reform
10:23 | 29/09/2024 Regulations
More News
Propose a 15-30% reduction in land rents in 2024 for people affected by typhoon Yagi
10:39 | 28/09/2024 Regulations
Amending 3 important policies in the Law on State Budget
09:05 | 26/09/2024 Regulations
MoF proposes to abolish Article 35 on “on-the-spot import and export” in Decree No.08/2015/ND-CP
08:59 | 25/09/2024 Regulations
Revised Law on Special Consumption Tax to reduce consumption rate of products harmful to health
09:08 | 22/09/2024 Regulations
Chile officially issues electronic C/O form VC from November 1, 2024
20:39 | 17/09/2024 Regulations
Adding tax exemption conditions in the draft revised Law on Corporate Income Tax
09:26 | 16/09/2024 Regulations
Increasing penalties to reduce violations in independent auditing
12:32 | 15/09/2024 Regulations
Amending the Law to create the best conditions for state-owned enterprises
11:05 | 14/09/2024 Regulations
Information on the proposal to remove the VAT exemption for low-value goods
14:01 | 10/09/2024 Regulations
Your care
Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period
14:20 | 09/10/2024 Regulations
Must strictly manage duty-free goods
10:16 | 08/10/2024 Regulations
Amend the law to protect the rights of accountants
09:11 | 30/09/2024 Regulations
Simplification is not enough, enterprises need stronger administrative reform
10:23 | 29/09/2024 Regulations
Propose a 15-30% reduction in land rents in 2024 for people affected by typhoon Yagi
10:39 | 28/09/2024 Regulations